Description

Gem Fr. 1330 - Hand Signed Allison-New Autographs

Fr. 1330 50c Third Issue Spinner Gem New. The Hoffman
Collection brings us a lovely example of this storied rarity. The
note is signed by John Allison as Register and John New as
Treasurer. Allison and New were in office together from June 30,
1875 until January 7, 1876, long after Third Issue notes had ceased
to be issued. These notes were clearly not intended as regular
issue, but were signed to be given to friends or as some form of a
patronage act. In any event, they became Legal Tender once signed,
as Allison and New were legal signers. A number of well circulated
examples exist, which shows that these notes did indeed circulate
as currency. We've sold several Gem examples of Fr. 1330, including
the Gengerke note and the Milt Friedberg note. The former brought
$5885 in 1995, and the latter $5500 in 1997. This piece, with its
broad, even margins, ideal centering, bright colors and deep,
original embossing, will likely fare as well or better.